• Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

The Only Thing You Get with Mining Ethereum Now is Room Heating

Joined
Mar 11, 2009
Messages
1,635 (0.39/day)
Location
Little Rock, AR
System Name Gamer
Processor AMD Ryzen 2600
Motherboard ASUS ROG Strix B350-F
Memory 16GB
Video Card(s) EVGA Geforce GTX 980ti FTW
Case Fractal Designs
Power Supply 800w CM
Mouse Corsair M65 Pro
Software Windows 10 Pro
I'll just say this: more people cheer when the cryptocurrency market shrinks than when it grows.
And as we've gone round and round in thread after thread about this, I maintain that people who cheer at the destruction of someone else's interests that don't involve them, are dicks.
 
Joined
Feb 12, 2015
Messages
1,104 (0.56/day)
I'll just say this: more people cheer when the cryptocurrency market shrinks than when it grows.
LOL that's not true at all. When the price goes down, people go on and do other things. Nobody besides stubborn idiots don't like the price going up.

And as we've gone round and round in thread after thread about this, I maintain that people who cheer at the destruction of someone else's interests that don't involve them, are dicks.
They aren't dicks, they are just salty morons who would rather be right than live in a better world. These are the types of people who can never ever admit they are wrong even when it is ridiculously obvious.

In their twisted universe, they actually believe they are smart for not understanding something before other people. Because after all, they have to be the smartest person about everything... Right? They are the most special... Right mom?!
 
Joined
Aug 20, 2007
Messages
13,133 (2.79/day)
System Name Pioneer
Processor Intel i9 9900k
Motherboard ASRock Z390 Taichi
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory G.SKILL TridentZ Series 32GB (4 x 8GB) DDR4-3200 @ 14-14-14-34-2T
Video Card(s) AMD RX 5700 XT (XFX THICC Ultra III)
Storage Mushkin Pilot-E 2TB NVMe SSD w/ EKWB M.2 Heatsink
Display(s) 55" LG 55" B9 OLED 4K Display
Case Thermaltake Core X31
Audio Device(s) VGA HDMI->Panasonic SC-HTB20/Schiit Modi MB/Asgard 2 DAC/Amp to AKG Pro K7712 Headphones
Power Supply SeaSonic Prime 750W 80Plus Titanium
Mouse ROCCAT Kone EMP
Keyboard WASD CODE 104-Key w/ Cherry MX Green Keyswitches, Doubleshot Vortex PBT White Transluscent Keycaps
Software Windows 10 Enterprise (yes, it's legit.)
I'll just say this: more people cheer when the cryptocurrency market shrinks than when it grows.
On a forum dedicated to PC gaming?

Ford, I know you know what sample bias is.
 
Joined
Jan 8, 2017
Messages
5,196 (4.05/day)
System Name Good enough
Processor AMD Ryzen R7 1700X - 4.0 Ghz / 1.350V
Motherboard ASRock B450M Pro4
Cooling Scythe Katana 4 - 3x 120mm case fans
Memory 16GB - Corsair Vengeance LPX
Video Card(s) OEM Dell GTX 1080
Storage 1x Samsung 850 EVO 250GB , 1x Samsung 860 EVO 500GB
Display(s) 4K Samsung TV
Case Zalman R1
Power Supply 500W
On a forum dedicated to PC gaming?
I can tell you that I know of many that are either barley invested in PC gaming or gaming in general and they're still laughing their ass off when the crypto market takes a dive. That doesn't mean they necessarily cheer when than happens, the overwhelming majority simply doesn't care. Although some here are absolutely convinced that isn't the case and they're prosecuted by losers on PC hardware forums (wonder what were they are doing on here arguing with them in the first place but whatever ).

So, whatever bias there is, it's minuscule, actually.
 
Last edited:
Joined
Feb 12, 2015
Messages
1,104 (0.56/day)
I can tell you that I know of many that are either barley invested in PC gaming or gaming in general and they're still laughing their ass off when the crypto market takes a dive. That doesn't mean they necessarily cheer when than happens, the overwhelming majority simply doesn't care even though some here are absolutely convinced that isn't the case. Whatever bias there is, it's minuscule, actually.
Alright but I am actually curious here - Are you one of the people laughing? What are you (or the others) even laughing at?

Bitcoin is worth thousands of dollars - it's a roaring success even if it never got above $10K again. I swear in 3-6 years there will be people making fun of bitcoin because it's "Only worth $40,000" after it crashes from $250,000!
 
Joined
Aug 20, 2007
Messages
13,133 (2.79/day)
System Name Pioneer
Processor Intel i9 9900k
Motherboard ASRock Z390 Taichi
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory G.SKILL TridentZ Series 32GB (4 x 8GB) DDR4-3200 @ 14-14-14-34-2T
Video Card(s) AMD RX 5700 XT (XFX THICC Ultra III)
Storage Mushkin Pilot-E 2TB NVMe SSD w/ EKWB M.2 Heatsink
Display(s) 55" LG 55" B9 OLED 4K Display
Case Thermaltake Core X31
Audio Device(s) VGA HDMI->Panasonic SC-HTB20/Schiit Modi MB/Asgard 2 DAC/Amp to AKG Pro K7712 Headphones
Power Supply SeaSonic Prime 750W 80Plus Titanium
Mouse ROCCAT Kone EMP
Keyboard WASD CODE 104-Key w/ Cherry MX Green Keyswitches, Doubleshot Vortex PBT White Transluscent Keycaps
Software Windows 10 Enterprise (yes, it's legit.)
I can tell you that I know of many that are either barley invested in PC gaming or gaming in general and they're still laughing their ass off when the crypto market takes a dive.
Be that as it may in your experience, the fact remains we don't have any data from the general, unbiased population. Fact is a lot of people invested at the high. Now, color them dumb or whatever, but they existed too.

Bitcoin is worth thousands of dollars - it's a roaring success even if it never got above $10K again. I swear in 3-6 years there will be people making fun of bitcoin because it's "Only worth $40,000" after it crashes from $250,000!
I think they primarily laugh at the volatility.

Me? I find it surprising it's as stable as it is, being so young and only backed by faith.
 

FordGT90Concept

"I go fast!1!11!1!"
Joined
Oct 13, 2008
Messages
26,147 (6.09/day)
Location
IA, USA
System Name BY-2015
Processor Intel Core i7-6700K (4 x 4.00 GHz) w/ HT and Turbo on
Motherboard MSI Z170A GAMING M7
Cooling Scythe Kotetsu
Memory 2 x Kingston HyperX DDR4-2133 8 GiB
Video Card(s) Sapphire Radeon RX 5500 XT Pulse 8 GiB
Storage Crucial MX300 275 GB, Seagate Exos X12 TB 7200 RPM
Display(s) Nixeus NX-EDG274K (3840x2160@144 DP) + Samsung SyncMaster 906BW (1440x900@60 HDMI-DVI)
Case Coolermaster HAF 932 w/ USB 3.0 5.25" bay
Audio Device(s) Realtek ALC1150, Micca OriGen+
Power Supply Enermax Platimax 850w
Mouse SteelSeries Sensei RAW
Keyboard Tesoro Excalibur
Software Windows 10 Pro 64-bit
Benchmark Scores Faster than the tortoise; slower than the hare.
Bitcoin is worth thousands of dollars - it's a roaring success even if it never got above $10K again. I swear in 3-6 years there will be people making fun of bitcoin because it's "Only worth $40,000" after it crashes from $250,000!
Honestly, how much is a BTC worth to you? What can you actually do with it that you couldn't otherwise? Would *you* pay $250,000 for a BTC? Would *you* pay $6000? That's fundamentally BTCs problem (and cryptocurrencies in general). Without buyers injecting legal tender into the market, the market deflates.
 
Joined
Jan 8, 2017
Messages
5,196 (4.05/day)
System Name Good enough
Processor AMD Ryzen R7 1700X - 4.0 Ghz / 1.350V
Motherboard ASRock B450M Pro4
Cooling Scythe Katana 4 - 3x 120mm case fans
Memory 16GB - Corsair Vengeance LPX
Video Card(s) OEM Dell GTX 1080
Storage 1x Samsung 850 EVO 250GB , 1x Samsung 860 EVO 500GB
Display(s) 4K Samsung TV
Case Zalman R1
Power Supply 500W
Be that as it may in your experience, the fact remains we don't have any data from the general, unbiased population. Fact is a lot of people invested at the high. Now, color them dumb or whatever, but they existed too.
Even if there is a ton of bias, why would anyone heavily invested in crypto care ? If it's great, it's great, right ? You shouldn't feel the need to pitch or justify your activities to other people who are supposedly too ignorant to recognize that and doing it on PC gaming forums of all places.

What can you actually do with it that you couldn't otherwise?
Yup, there's pretty much no product or service than can be bought or acquired exclusively with it. As such everyone who buy any coin does so with the intent of selling it at some point.
 
Last edited:

AsRock

TPU addict
Joined
Jun 23, 2007
Messages
16,547 (3.47/day)
Location
UK\US
Processor 2500k \ AMD 3900X+NH-D15
Motherboard ASRock Z68 \ ASRock AM4 Pro 4
Memory Samsung low profile 1600 \ Patriot 2x16GB PVS432G320C6K
Video Card(s) eVga GTX1060 SSC \ XFX R9 390X
Storage 2x Intel 80Gb (SATA2) WD 250Gb \ Team SSD+Samsung Evo 250Gb+500Gb+ 2xCorsair Force+WD250GbHDD
Display(s) Samsung 1080P \ Toshiba HDTV 1080P
Case HTPC400 \ Thermaltake Armor case ( VE2000BWS ), With Zalman fan controller ( wattage usage ).
Audio Device(s) Yamaha RX-A820 \ Yamaha CX-830+Yamaha MX-630 Infinity RS4000 Paradigm 5SE + Tannoy Mercury F4
Power Supply PC&Power 750w \ Seasonic 750w MKII
Mouse Steelseries Sensei wireless \ Steelseries Sensei wireless
Keyboard Logitech K120 \ ROCCAT MK Pro ( modded amber leds )
Benchmark Scores Meh benchmarks.
Joined
Aug 20, 2007
Messages
13,133 (2.79/day)
System Name Pioneer
Processor Intel i9 9900k
Motherboard ASRock Z390 Taichi
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory G.SKILL TridentZ Series 32GB (4 x 8GB) DDR4-3200 @ 14-14-14-34-2T
Video Card(s) AMD RX 5700 XT (XFX THICC Ultra III)
Storage Mushkin Pilot-E 2TB NVMe SSD w/ EKWB M.2 Heatsink
Display(s) 55" LG 55" B9 OLED 4K Display
Case Thermaltake Core X31
Audio Device(s) VGA HDMI->Panasonic SC-HTB20/Schiit Modi MB/Asgard 2 DAC/Amp to AKG Pro K7712 Headphones
Power Supply SeaSonic Prime 750W 80Plus Titanium
Mouse ROCCAT Kone EMP
Keyboard WASD CODE 104-Key w/ Cherry MX Green Keyswitches, Doubleshot Vortex PBT White Transluscent Keycaps
Software Windows 10 Enterprise (yes, it's legit.)
You shouldn't feel the need to pitch or justify your activities to other people who are supposedly too ignorant to recognize that and doing it on PC gaming forums of all places.
I mean, I'd argue bragging is a human problem, not a mining one.

Yup, there's pretty much no product or service than can be bought or acquired exclusively with it.
There are some it's better suited to buying though. Mostly products you don't want a name linked with (not even thinking illegal, though that applies too ofc)
 
Joined
Jan 8, 2017
Messages
5,196 (4.05/day)
System Name Good enough
Processor AMD Ryzen R7 1700X - 4.0 Ghz / 1.350V
Motherboard ASRock B450M Pro4
Cooling Scythe Katana 4 - 3x 120mm case fans
Memory 16GB - Corsair Vengeance LPX
Video Card(s) OEM Dell GTX 1080
Storage 1x Samsung 850 EVO 250GB , 1x Samsung 860 EVO 500GB
Display(s) 4K Samsung TV
Case Zalman R1
Power Supply 500W
Joined
Mar 11, 2009
Messages
1,635 (0.39/day)
Location
Little Rock, AR
System Name Gamer
Processor AMD Ryzen 2600
Motherboard ASUS ROG Strix B350-F
Memory 16GB
Video Card(s) EVGA Geforce GTX 980ti FTW
Case Fractal Designs
Power Supply 800w CM
Mouse Corsair M65 Pro
Software Windows 10 Pro
The irony of a person who is not invested in a particular subject injecting themselves into a conversation about it to complain about those who are, and then asking why those who ARE invested in it care... :rolleyes:

Once again... I was DIRECTLY responding to a guy who asked for "confessions" of miners.

Or did you think the entire thread was talking to you, @Vya Domus ?

EDIT: and as for not feeling the need to justify my activities... the subject of the thread is literally the viability of mining. That's what we're talking about here. So far, all you've contributed to the thread is ad hominem.
 
Joined
Mar 10, 2010
Messages
7,853 (2.08/day)
Location
Manchester uk
System Name RyzenGtEvo/ Asus strix scar II
Processor Amd R7 3800X@4.350/525/ Intel 8750H
Motherboard Crosshair hero7 @bios 2703/?
Cooling 360EK extreme rad+ 360$EK slim all push, cpu Monoblock Gpu full cover all EK
Memory Corsair Vengeance Rgb pro 3600cas14 16Gb in two sticks./16Gb
Video Card(s) Sapphire refference Rx vega 64 EK waterblocked/Rtx 2060
Storage Samsung Nvme Pg981, silicon power 1Tb samsung 840 basic as a primocache drive for, WD2Tbgrn +3Tbgrn,
Display(s) Samsung UAE28"850R 4k freesync, LG 49" 4K 60hz ,Oculus
Case Lianli p0-11 dynamic
Audio Device(s) Xfi creative 7.1 on board ,Yamaha dts av setup, corsair void pro headset
Power Supply corsair 1200Hxi
Mouse Roccat Kova/ Logitech G wireless
Keyboard Roccat Iksu force fx
Software Win 10 Pro
Benchmark Scores 8726 vega 3dmark timespy/ laptop Timespy 6506
Threads balls anyway.

Even if it's not profitable I'll be heating my home via pc not central heating.

Either my pocket or folding@ home will benefit(plus me from the heat)
But it will be just as effective and at least has a bonus over just burning shit to provide warmth to my ass.

So short sighted this whole thread , basic heating as it is now is total bollox.

And this imho is one of the first actually on point replys.

After all who gives a shit if you like bitcoin or not.
 
Joined
Jan 8, 2017
Messages
5,196 (4.05/day)
System Name Good enough
Processor AMD Ryzen R7 1700X - 4.0 Ghz / 1.350V
Motherboard ASRock B450M Pro4
Cooling Scythe Katana 4 - 3x 120mm case fans
Memory 16GB - Corsair Vengeance LPX
Video Card(s) OEM Dell GTX 1080
Storage 1x Samsung 850 EVO 250GB , 1x Samsung 860 EVO 500GB
Display(s) 4K Samsung TV
Case Zalman R1
Power Supply 500W
Or did you think the entire thread was talking to you, @Vya Domus ?
Well, I certainly did manage to stir up the waters a bit and grab your attention. :)

Look, I know you have an answer to everything and so do I. Can we at least agree we're both wasting our time talking with someone who'll never see their fault in anything ?
 
Joined
Mar 11, 2009
Messages
1,635 (0.39/day)
Location
Little Rock, AR
System Name Gamer
Processor AMD Ryzen 2600
Motherboard ASUS ROG Strix B350-F
Memory 16GB
Video Card(s) EVGA Geforce GTX 980ti FTW
Case Fractal Designs
Power Supply 800w CM
Mouse Corsair M65 Pro
Software Windows 10 Pro
Well, I certainly did manage to stir up the waters a bit and grab your attention. :)

Look, I know you have an answer to everything and so do I. Can we at least agree we're both wasting our time talking with someone who'll never see their fault in anything ?
You quoted me. You spoke directly to me, when I was speaking directly to someone else. Excuse me for acknowledging you. I'll try not to make that mistake again...

And no, we can't agree to disagree. You directly attacked me. You can't punch someone in the face, get punched back, and say "We're both at fault here." It doesn't work that way.
 
Joined
Jan 8, 2017
Messages
5,196 (4.05/day)
System Name Good enough
Processor AMD Ryzen R7 1700X - 4.0 Ghz / 1.350V
Motherboard ASRock B450M Pro4
Cooling Scythe Katana 4 - 3x 120mm case fans
Memory 16GB - Corsair Vengeance LPX
Video Card(s) OEM Dell GTX 1080
Storage 1x Samsung 850 EVO 250GB , 1x Samsung 860 EVO 500GB
Display(s) 4K Samsung TV
Case Zalman R1
Power Supply 500W
I'll try not to make that mistake again...
So be it, I shall do the same. Didn't know a bunch of remarks would hurt your feelings so badly you would compare it to getting "getting punched and attacked", that really surprised me I must say.

But again, worry not, I'll make sure that wont happen.
 
Last edited:
Joined
Mar 6, 2017
Messages
2,022 (1.65/day)
Location
North East Ohio, USA
System Name My Super Computer
Processor Intel Core i7 8700K
Motherboard Gigabyte Z370 AORUS Ultra Gaming
Cooling Corsair H55 AIO
Memory 2x8GB Crucial/Micron Ballistix Sport DDR4-2400
Video Card(s) ASUS GeForce GTX1060 6GB
Storage Samsung 970 EVO 500 GB NVMe SSD (System Drive), Samsung 860 EVO 500 GB SATA SSD (Game Drive)
Display(s) HP 2311x and Acer G206HQL
Case CoolerMaster MasterBox Lite 5 RGB
Audio Device(s) On-Board Sound
Power Supply EVGA Supernova 650 G3 Gold
Mouse Logitech M705
Keyboard Logitech Wave K350
Software Windows 10 Pro 64-bit
Benchmark Scores https://valid.x86.fr/liwjs3
Supply and Demand - Welcome to capitalism. Not saying it didn't suck, but it was never as bad (imo) as most people act like it was.
It sucked royally because I had the money, I had the cash in my bank account and my credit card was ready for the purchase. But I couldn't buy one and it definitely wasn't from the lack of trying. I even set up alerts on one of those sites that tracked online stock numbers to tell you that a site had one in stock and I was always ten seconds too slow. Yes, ten seconds!!! I'd get the alert, I'd go to the site, add it to my cart, and then... boom, sold out. This happened more times than I could count and it pissed me off to no end. This went on for weeks until I just gave up.

The only reason I got my hands on one was because my local Microcenter was only selling cards with new PC builds, you had to buy all of the components to build a new system or no video card for you.

Yeah that's one thing none of these kids seem to understand - The GPU shortage was cause by Nvidia/AMD literally shipping new cards direct from the factory to North-Western China to be used in MASSIVE warehouses full of thousands of GPU's, or in the case of the mining firms based in the Pacific Northwest - literal cargo jets full of 1060's flying out of the factories directly to the "mining site."
Why the fuck did they do that?
 
Last edited:
Joined
Sep 7, 2017
Messages
3,183 (3.06/day)
System Name Grunt
Processor Intel i7-7820x
Motherboard MSI X299 Raider
Cooling Noctua NH-U12A
Memory Corsair LPX 3600 32GB (4x8GB)
Video Card(s) Powercolor Vega 64
Storage Intel 900p 280GB, 660p 2TB, Seagate Barracuda Pro 10TB
Display(s) Viewsonic VX2457, Samsung NU8000 TV
Case Corsair C70
Power Supply Corsair HX750
Software Win 10 Pro
"Shipping" not required apparently. I've heard of people literally buying things right out of the factories. lol I can't really confirm it, but I don't know why anyone would lie. Either way, gamers weren't getting the cards.
 
Joined
Jan 8, 2017
Messages
5,196 (4.05/day)
System Name Good enough
Processor AMD Ryzen R7 1700X - 4.0 Ghz / 1.350V
Motherboard ASRock B450M Pro4
Cooling Scythe Katana 4 - 3x 120mm case fans
Memory 16GB - Corsair Vengeance LPX
Video Card(s) OEM Dell GTX 1080
Storage 1x Samsung 850 EVO 250GB , 1x Samsung 860 EVO 500GB
Display(s) 4K Samsung TV
Case Zalman R1
Power Supply 500W
Why the fuck did they do that?
They didn't, Nvidia and AMD didn't ship anything "right out of the factories". They don't even own the factories where their cards are built and don't interfere much with the logistics that are involved, people don't have a damn clue as to what they are talking about.
 
Last edited:
Joined
Sep 7, 2017
Messages
3,183 (3.06/day)
System Name Grunt
Processor Intel i7-7820x
Motherboard MSI X299 Raider
Cooling Noctua NH-U12A
Memory Corsair LPX 3600 32GB (4x8GB)
Video Card(s) Powercolor Vega 64
Storage Intel 900p 280GB, 660p 2TB, Seagate Barracuda Pro 10TB
Display(s) Viewsonic VX2457, Samsung NU8000 TV
Case Corsair C70
Power Supply Corsair HX750
Software Win 10 Pro
They didn't, Nvidia and AMD didn't ship anything "right out of the factories". They don't even own factories, people don't have a damn clue as to what they are talking about.
I never said that myself above FYI. I'm only relaying what I heard about some Taiwan companies who make their cards (MSI, etc). Could be complete BS, but it does laughably remind me of fish markets in Asia. :p
 
Joined
Jan 8, 2017
Messages
5,196 (4.05/day)
System Name Good enough
Processor AMD Ryzen R7 1700X - 4.0 Ghz / 1.350V
Motherboard ASRock B450M Pro4
Cooling Scythe Katana 4 - 3x 120mm case fans
Memory 16GB - Corsair Vengeance LPX
Video Card(s) OEM Dell GTX 1080
Storage 1x Samsung 850 EVO 250GB , 1x Samsung 860 EVO 500GB
Display(s) 4K Samsung TV
Case Zalman R1
Power Supply 500W
I never said that myself above FYI. I'm only relaying what I heard about some Taiwan companies who make their cards (MSI, etc). Could be complete BS, but it does laughably remind me of fish markets in Asia. :p
MSI and whatever are the ones that actually manufacture cards and have control over how many cards they sell and to whom, not Nvidia or AMD.
 
Joined
Sep 7, 2017
Messages
3,183 (3.06/day)
System Name Grunt
Processor Intel i7-7820x
Motherboard MSI X299 Raider
Cooling Noctua NH-U12A
Memory Corsair LPX 3600 32GB (4x8GB)
Video Card(s) Powercolor Vega 64
Storage Intel 900p 280GB, 660p 2TB, Seagate Barracuda Pro 10TB
Display(s) Viewsonic VX2457, Samsung NU8000 TV
Case Corsair C70
Power Supply Corsair HX750
Software Win 10 Pro
MSI and whatever are the ones that actually manufacture cards and have control over how many cards they sell and to whom, not Nvidia or AMD.
Of course.. I never even said anything about AMD or Nvidia.

Maybe I jumped in the conversation too late. I don't know who you're replying to, I guess.
 
Joined
Jan 8, 2017
Messages
5,196 (4.05/day)
System Name Good enough
Processor AMD Ryzen R7 1700X - 4.0 Ghz / 1.350V
Motherboard ASRock B450M Pro4
Cooling Scythe Katana 4 - 3x 120mm case fans
Memory 16GB - Corsair Vengeance LPX
Video Card(s) OEM Dell GTX 1080
Storage 1x Samsung 850 EVO 250GB , 1x Samsung 860 EVO 500GB
Display(s) 4K Samsung TV
Case Zalman R1
Power Supply 500W
Joined
Oct 22, 2014
Messages
8,680 (4.15/day)
Location
Sunshine Coast
System Name Black Box
Processor Intel i5-9600KF
Motherboard NZXT N7 Z370 Black
Cooling Cooler Master 240 RGB AIO / Stock
Memory Thermaltake Toughram 16GB 4400MHz DDR4 or Gigabyte 16GB 3600MHz DDR4 or Adata 8GB 2133Mhz DDR4
Video Card(s) Asus Dual 1060 6GB
Storage Kingston A2000 512Gb NVME
Display(s) AOC 24" Freesync 1m.s. 75Hz
Case Corsair 450D High Air Flow.
Audio Device(s) No need.
Power Supply FSP Aurum 650W
Mouse Yes
Keyboard Of course
Software W10 Pro 64 bit
Threads derailed and casualties are sprawled out all over the tracks.
If heating is the only benefit now as Ethereum isn't profitable, will those mining change coin or merely continue in the hope of a long term return to profitability.

p.s. If topic can't be maintained I suggest this thread be locked before we need sawdust over the floor to mop up the blood.
 

hat

Enthusiast
Joined
Nov 20, 2006
Messages
21,083 (4.23/day)
Location
Ohio
System Name Starlifter :: Dragonfly
Processor i7 2600k 4.4GHz :: Athlon II x4 630 3.5GHz
Motherboard ASUS P8P67 Pro :: GIgabyte GA-770T-USB3
Cooling Corsair H70 :: Thermaltake Big Typhoon
Memory 2x4GB DDR3 1866 :: 2x1GB DDR3 1333
Video Card(s) 2x PNY GTX1070 :: none
Storage Plextor M5s 128GB, WDC Black 500GB :: Mushkin Enhanced 60GB SSD, WD RE3 1TB
Display(s) Acer P216HL HDMI :: None
Case Antec SOHO 1030B :: Old White Full Tower
Audio Device(s) Creative X-Fi Titanium Fatal1ty Pro - iLive IT153B Soundbar (optical) :: None
Power Supply FSP Hydro GE 550w :: something
Software Windows 10 Pro - Plex Server on Dragonfly
Benchmark Scores >9000
Probably both, with a third option: just stop mining. I mine with Nicehash, which lately has been dual mining Ethereum and some other coin (the second algorithm changes sometimes). Payout is still low, so it's not just ETH that's suffering, it's the whole market. That means switching coins won't help much, so anyone still mining now is basically doing so hoping that whatever they have now will be worth more later. That's how it is for me. I get payments in BTC, so if BTC climbs, so does the worth of my stash.

I'm not sure what the effect would be on the market if a significant number of people stopped mining, though. Difficulty would go down, so miners would get more whatevercoins, but there may be more than just that to it. Maybe the currency would become worth even less because of the lack of support (miners) behind it.
 
Top